JP 3E Holdings Inc (JPTE)

[I ll be back]

Is this a world record for removal and reinstatement of the shell?

This does raise a number of serious questions about what was submitted and later found out to be misleading to the public. While the apartments would have only shown an amendment to the Operating Agreement for the partnership and the membership interest purchase, it would have taken either an acknowledgement by the lender or bank statements to back up the ownership claim.

My gut says the apartments would have been all they would have needed to show to get the shell removed. That beginning said, the increased sales would likely create all kinds of bells and whistles going off.